Corporate Development Intern

1 week ago

Boston, United States DraftKings Full time

We're defining what it means to build and deliver the most extraordinary sports and entertainment experiences. Our global team is trailblazing new markets, developing cutting-edge products, and shaping the future of responsible gaming.

Here, "impossible" isn't part of our vocabulary. You'll face some of the toughest but most rewarding challenges of your career. They're worth it. Channeling your inner grit will accelerate your growth, help us win as a team, and create unforgettable moments for our customers.

The Crown Is Yours

We're searching for an MBA Intern to join our Corporate Development & Strategy team for the Summer of 2024. In this role, you will support the identification, business case development, diligence, structuring, and execution of M&A opportunities, as well as market/competitive analysis and strategic projects. You will gather and analyze market data from various sources, produce insights, and make strategic recommendations for our Executive Leadership Team. Our team works in a fast-paced, results-driven environment that will require you to balance multiple priorities, projects, and deadlines at once. Sound good to you? Join us.

What you'll do as a Corporate Development Intern (MBA)

  • Support the planning process for strategic projects and business initiatives (e.g., assessing new products, new platforms, new verticals, and other potential growth opportunities).
  • Identify, research, and recommend companies, technologies, and capabilities for DraftKings to evaluate for potential M&A.
  • Support aspects of the M&A process, including business case preparation, strategic/financial analysis, valuation, competitive analysis, due diligence, and post-merger integration planning.
  • Perform comprehensive and in-depth industry research and develop competitive intelligence summaries to help inform strategic fit for DraftKings.
  • Track potential and active acquisition targets, maintain internal databases and prepare internal M&A target reporting.
  • Examples of recent project work include DraftKings' acquisition of Golden Nugget Online Gaming and cross-functional strategic support for the launch of DK Horse, DraftKings' Online Horse Racing product.
What you'll bring
  • At least two years of experience in relevant roles, such as Investment Banking, Corporate Development, Management Consulting, Private Equity, Venture Capital, or Strategy.
  • Bachelor's Degree in Business Administration, Finance, Accounting, or similar (preferred).
  • Currently attending a top-tier MBA program.
  • Proficiency in Excel modeling (including forecast development and valuations) and PowerPoint.
  • Excellent verbal/written communication and presentation skills.
  • Ability to work effectively across functional teams and levels of seniority to refine strategic recommendations and build consensus.
  • Prior experience or knowledge of the sports, entertainment, or gaming sectors is a plus.


Join Our Team

We're a publicly traded (NASDAQ: DKNG) technology company headquartered in Boston. As a regulated gaming company, you may be required to obtain a gaming license issued by the appropriate state agency as a condition of employment. Don't worry, we'll guide you through the process if this is relevant to your role.

The US hourly rate for this full-time position is $16.00 - $24.00, plus bonus, equity, and benefits as applicable. Our salary ranges are determined by role, level, and location. The range displayed on each job posting reflects the minimum and maximum target for new hire salaries for the position across all US locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Your recruiter can share more about the specific salary range and how that was determined during the hiring process.

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